THE FIRST STATE BANK Failed 1985

EDNA, KS · State commercial bank, non-Federal Reserve member (FDIC-supervised) · view on FDIC BankFind ↗

What happened

THE FIRST STATE BANK of EDNA, KS was closed on 1985-06-13. The FDIC was named receiver.

Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets

Deposits were transferred to FIRST STATE BANK OF EDNA (EDNA, KS). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
1009
FDIC Certificate
4657
FDIC FIN
2471
Bank name
THE FIRST STATE BANK
Location
EDNA, KS
Failure date
1985-06-13
FDIC resolution date
1985-06-13
Charter type
State commercial bank, non-Federal Reserve member (FDIC-supervised)
Resolution type
Purchase & Assumption — acquiring bank assumed deposits + bought assets
FDIC DIF cost (est.)
$3M
Deposits at failure
$8M
Assets at failure
$8M
Acquiring bank
FIRST STATE BANK OF EDNA (EDNA, KS)